I expect EUR/USD to return to the lower end of the drawn channel. As you can see, the current level is a good level to open this short position.
Also, in time, I expect us to go even lower and break out of the channel. So I wont be closing the full position when the lower end of the channel is reached.
Remember: always do your own research and only trade modest positions with money you can afford to lose.
Good luck!
Also, in time, I expect us to go even lower and break out of the channel. So I wont be closing the full position when the lower end of the channel is reached.
Remember: always do your own research and only trade modest positions with money you can afford to lose.
Good luck!